1015: BlackRock’s Entry Into Bitcoin Could Shoot Its Price to $773K Pretty Easily, Says Crypto Analyst!!

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3.6 • 626 Ratings

🗓️ 12 August 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

According to a popular crypto analyst, a partnership between two financial giants could trigger growth in Bitcoin value to about $773,000. Here is an analysis of how that could happen. He believes that if BlackRock invests 0.5% of its assets into BTC and uses my multiplier of 21x, then it will increase the market cap by $1.05 trillion, which will mean that Bitcoin will gain $75,000 in value, taking it to $98,000. From today’s price, the ROI (return on investment) would be 326%. The possibility of achieving this goal is very, very real. There has been a lot of talk about adding 5%, and that is what Dan Tapiero says, and he believes that is much too aggressive. There is a possibility, perhaps over a period of time, maybe within three or five years, that this might become a reality. It is very likely that Bitcoin’s price will reach $773,000 in the next three to five years pretty easily. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:59.8	In today's show, Crypto Hedge Fund Manager predicts explosive parabolic move for Bitcoin and shares his timeline.
1:06.4	That's right, Morgan Creek Digital Managing Partner Mark Yuse, thinks the bottom is already in for Bitcoin,
1:11.5	and it's due for a massive rally in less than a year, quoting him here from a recent interview
1:15.9	with Stansbury Research.
1:17.3	I think CryptoSpring is here.
1:18.7	We are still away from Cryptosummer when we get another parabolic move up, but that will
1:22.7	come probably in six to nine months.
1:25.2	And Plan B updates us here.
1:26.7	RSI buy signal on July, $23,300 close.
1:30.6	Probably nothing.
1:31.7	And fun fact, the Bitcoin network settled over $62 trillion worth the BTC in the last 12 months.
1:38.2	Also in today's show, guess what's coming sooner?
1:40.7	Eth devs move up to date for the merge.
1:43.2	That's right.
1:43.7	The Ethereum merge may be coming
	...

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